One Step Away From Being Replaced by a Machine – Tech rules …

Over the past few years, with the onslaught of layoffs, plant closings and other grim economic news, many, many workers have become displaced. Now, as business conditions are steadily improving with companies hiring again, those displaced workers are being faced with a grim reality:

They may have been replaced by a machine – and that machine is likely technology.

They are finding that they do not have the new skills required in a skilled job market as they were not retrained or didn’t pursue training on their own. Companies invested to make processes more efficient and profitable over the past few years after being faced with the economic reality that they had to do this to survive – likely enabling processes by improved technology. As a result, the skill set required for the job once held by a lower skilled worker changed leading to their displacement (sounds better than axed). We may very well see a national unemployment rate hovering around 9% for some time – years perhaps – as this technology growth continues.

So what does one do if faced with this situation?

If your job has changed or been eliminated by technology advances, get on the bandwagon – get tech savvy yourself, through training. Jobs will continue to grow with a demand for high-tech workers in information technology, engineering, healthcare and finance to name a few areas. Get in front of this trend – and you can profit from it.

Now time to defer to an expert on this subject, a gentleman I met, Hunter Richards, Accounting Market Analyst forSoftware Advice. Hunter authors a very interesting blog and recently blogged about this same subject – and he has the data and trends to report to back this up. I encourage you to read this entry which is to the point and brief, which is being republished below with permission from the author.